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House Flipping

Cozen O'Connor

The State AG Report – 09.19.2024

Cozen O'Connor on

Here are curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: •Republican AGs Urge EPA to Block CA’s Clean Fleets...more

Cozen O'Connor

D.C. AG Settles with Home Flipping Company That Allegedly Took Advantage of Homeowners

Cozen O'Connor on

District of Columbia AG Brian Schwalb settled with Curbio, Inc., to resolve allegations that it deceptively marketed and sold contracts for pre-sale home improvements in violation of the District’s consumer protection laws....more

Bennett Jones LLP

British Columbia Introduces the Flipping Tax—What is it and Why Should You be Aware?

Bennett Jones LLP on

What is the Flipping Tax and Why is it Important? The B.C. government announced in its 2024 budget a plan to introduce a tax (the Flipping Tax) on income earned from the sale of a property within 730 days of acquisition....more

Lowndes

How To Avoid Flopping When Flipping Fla. Real Estate

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In an economy where land prices are rising, it is not unusual for a buyer who has a property under contract to consider flipping all or part of the property to another purchaser for a profit. If a contract gives the buyer a...more

Troutman Pepper

Senators Urge State AGs to Protect Consumers From Cash Homebuying Companies

Troutman Pepper on

On June 13, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra provided the CFPB’s semiannual report to Congress, which included concerns about predatory house-flipping practices by companies like HomeVestors....more

Cozen O'Connor

Real Estate Investment Coaching Scheme Settles Allegations of Using Predatory Sales Tactics

Cozen O'Connor on

Utah AG Sean Reyes and the FTC reached a settlement with real estate investment coaching company Zurixx, LLC, related entities, and their three owners (collectively, “Zurixx”) to resolve allegations that Zurixx used false and...more

Robins Kaplan LLP

Financial Daily Dose 7.31.2019 | Top Story: Fed Likely to Cut Interest Rates

Robins Kaplan LLP on

At this point, pretty much everyone on Wall Street is expecting the Fed to cut interest rates as its FOMC meeting breaks later today. Some thoughts on what’s likely to happen and how the Street could react to the news....more

Robins Kaplan LLP

Financial Daily Dose 6.13.2019 | Top Story: Emails reveal Zuckerberg aware early of Facebook privacy concerns

Robins Kaplan LLP on

A round of internal Facebook emails produced in response to an FTC probe appear to show that the company’s “potentially problematic privacy practices” had filtered their way up to the very top of the social networking...more

Schwabe, Williamson & Wyatt PC

Portland Poised to Adopt Strict Limits on House Size

Portland planning staff is proposing strict new limits on the size of houses that can be built or remodeled in most areas of the City. Included in the latest draft of its “Residential Infill Project” code amendments, the...more

Snell & Wilmer

Sellers Cannot Look to the Appraiser When Lenders Pull the Plug on a Prospective House Flip

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An outgrowth of Arizona’s housing downturn in recent years has been the proliferation of would-be real estate investors who purchase, renovate and flip residential properties. On the other hand, in part to prevent the next...more

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